If you took all of the money of all of the billionaires IN THE ENTIRE WORLD you could not pay off our debt.. Yes, I said all of their money, not just a higher tax. 20 trillion is 20,000 billion. I don't think the billionaires even have 10 percent of that money total. You would need to steal the entire wealth from 4000 billionaires worth 5 billion each.. Sorry socialists/communist people, it's

impossible..

If you sold all of the farmland in America you could not pay off the national debt.

If you sold the 650 million acres of land held by the Feds you would not make a big dent in the debt.

If you took all of the stock in America, ever corporation, held by pension funds and people world wide you could not pay off the debt. If someone tries to tell you that all we have to do is tax corporations more, tell them to look up the total value of every stock on the stock market, which is the value of every corporation in America totaled, and then compare that number to the national debt.. Of course a even smaller number (much smaller) is the total profits of every corporation in America.

The total profits of every corporation in the US, perhaps even the profits of every corporation in the entire world, will not even make a dent in the debt. There is no way a higher tax on corporations will pay off the debt and more tax will just run more corporations out of business. If you add up all their taxes (state, county, local) they are probably paying twice as much as you realize.

Gov spending is just totally out of control. We all need to make a bit of fun of anyone who makes false and lying statement by pointing out the real truth. Make them look like the fool they are.

If you are not aware of just how large the debt is compared to our resources you need to brush up a bit. The socialist solutions to the problems are impossible lies..If you don't think so look then at the condition of Venezuela as compared to 20 years ago before the socialists took over.

Oh, you might also start learning about hunkering down.

I first wrote this in 2013.. Now it's worse. Updated 10/10/2016

CHECK out these numbers yourself. Don't take my word for it.

**************************************************

If you took all of the money of all of the billionaires IN THE ENTIRE WORLD you could not pay off our debt.. Yes, I said all of their money, not just a higher tax. 20 trillion is 20,000 billion. I don't think the billionaires even have 10 percent of that money total. You would need to steal the entire wealth from 4000 billionaires worth 5 billion each.. Sorry socialists/communist people, it's

impossible..

If you sold all of the farmland in America you could not pay off the national debt.

If you sold the 650 million acres of land held by the Feds you would not make a big dent in the debt.

If you took all of the stock in America, ever corporation, held by pension funds and people world wide you could not pay off the debt. If someone tries to tell you that all we have to do is tax corporations more, tell them to look up the total value of every stock on the stock market, which is the value of every corporation in America totaled, and then compare that number to the national debt.. Of course a even smaller number (much smaller) is the total profits of every corporation in America.

The total profits of every corporation in the US, perhaps even the profits of every corporation in the entire world, will not even make a dent in the debt. There is no way a higher tax on corporations will pay off the debt and more tax will just run more corporations out of business. If you add up all their taxes (state, county, local) they are probably paying twice as much as you realize.

Gov spending is just totally out of control. We all need to make a bit of fun of anyone who makes false and lying statement by pointing out the real truth. Make them look like the fool they are.

If you are not aware of just how large the debt is compared to our resources you need to brush up a bit. The socialist solutions to the problems are impossible lies..If you don't think so look then at the condition of Venezuela as compared to 20 years ago before the socialists took over.

It is hard for me to believe that Bernie actually has a following. Proof of our brain dead voters.

Quoting wwww12345:

Bernie Sanders is a brain dead lying socialist communist who doesn't deal with reality. He believes stealing money from hardworking people to give to people who could work, but don't want to work is a good thing..He does nothing to create jobs, just like the rest of the adminstration I will expand on this thought later. Yes, the correct word is stealing.. Get over it.

Barney thinks more taxes will solve the problems.. Please read again my initial post, line by line.. His solution won't do crap.. Less spending, more jobs, fewer money eating regulations, reducing the size of big government, etc. is the answer. There are several agencies that do nothing to help this country, such as education, health, EPA, etc. - that couldn't be done better by the states and usually duplicates the state efforts, and often hinders them. Just ask any teacher if they like the Federal education regulations and requirements. more later

Quoting wwww12345:

Bernie Sanders is a brain dead lying socialist communist who doesn't deal with reality. He believes stealing money from hardworking people to give to people who could work, but don't want to work is a good thing..He does nothing to create jobs, just like the rest of the adminstration I will expand on this thought later. Yes, the correct word is stealing.. Get over it.

Barney thinks more taxes will solve the problems.. Please read again my initial post, line by line.. His solution won't do crap.. Less spending, more jobs, fewer money eating regulations, reducing the size of big government, etc. is the answer. There are several agencies that do nothing to help this country, such as education, health, EPA, etc. - that couldn't be done better by the states and usually duplicates the state efforts, and often hinders them. Just ask any teacher if they like the Federal education regulations and requirements. more later

It is hard for me to believe that Bernie actually has a following. Proof of our brain dead voters.

The trouble is that the money eventually becomes worthless. Check out what is happening in Venezuela. Equador hasn't had a national currency in years because their money became worthless..... Socialism at it's finest.

Quoting Franki2014:

Dont you wish you could just print money like the feds do....you never go broke...thats a fact.

Quoting Franki2014:

Dont you wish you could just print money like the feds do....you never go broke...thats a fact.

The trouble is that the money eventually becomes worthless. Check out what is happening in Venezuela. Equador hasn't had a national currency in years because their money became worthless..... Socialism at it's finest.

I totally agree with you on this one. We need public financing for all elections and term limits. It was bad before, but Citizens United has allowed special interest groups to overpower our political system.

Quoting 3345roc:

... and one of the highest corporate tax rates. It's a double whammy. When jobs are moved overseas it increases unemployment, reduces personal income tax revenues and increases unemployment benefits.

Trying to amend the Constitution is an exercise in futility ( see the Equal Rights Amendment ). Lobbying and the PACs, SuperPACs and Leadership PACs should be made illegal. Term limits for Congress need to be implemented and politicians should not be above the law.

Unfortunately the inmates are in charge of the asylum.

Quoting 3345roc:

... and one of the highest corporate tax rates. It's a double whammy. When jobs are moved overseas it increases unemployment, reduces personal income tax revenues and increases unemployment benefits.

Trying to amend the Constitution is an exercise in futility ( see the Equal Rights Amendment ). Lobbying and the PACs, SuperPACs and Leadership PACs should be made illegal. Term limits for Congress need to be implemented and politicians should not be above the law.

Unfortunately the inmates are in charge of the asylum.

Roc,

I totally agree with you on this one. We need public financing for all elections and term limits. It was bad before, but Citizens United has allowed special interest groups to overpower our political system.

One fact conveniently ignored here over and over is that that oft malaigned federal govt has the lowest personal taxes in 2 decades...yes that's right years!

Those in the media hate business skip this fact and instead substitute vitrole that is consumed by the masses on their team!

Our mega corps are profitting grandly from the unabatd consumerism and overall corp welfare most often granted in relation to political contributions to BOTH sides of the aisle!

These unabated contributions must be controlled.....we are desparate for an amendment to our constitution to limit corp gifts and personal gifts of grand scale!

You are completely ignoring the effect of inflation bumping everyone up into higher tax brackets. Yes, some people make more than they did,, thus pay more taxes, however their increased salary buys less due to inflation..Many people are making much less and that is really a killer because of inflation. This has been going on for years but gets worse every year because we are now printing money like crazy people. Both the Democrats and Republicians need to be hung, Democrats first.. Take a look at the Tea Party and it's smaller spending, lower taxes, fewer wasteful regulations, smaller gov. agenda.. That is what we need.

Quoting anuncommonman:

One fact conveniently ignored here over and over is that that oft malaigned federal govt has the lowest personal taxes in 2 decades...yes that's right years!

Those in the media hate business skip this fact and instead substitute vitrole that is consumed by the masses on their team!

Our mega corps are profitting grandly from the unabatd consumerism and overall corp welfare most often granted in relation to political contributions to BOTH sides of the aisle!

These unabated contributions must be controlled.....we are desparate for an amendment to our constitution to limit corp gifts and personal gifts of grand scale!

You are completely ignoring the effect of inflation bumping everyone up into higher tax brackets. Yes, some people make more than they did,, thus pay more taxes, however their increased salary buys less due to inflation..Many people are making much less and that is really a killer because of inflation. This has been going on for years but gets worse every year because we are now printing money like crazy people. Both the Democrats and Republicians need to be hung, Democrats first.. Take a look at the Tea Party and it's smaller spending, lower taxes, fewer wasteful regulations, smaller gov. agenda.. That is what we need.

The common thread is 2 fold. The printing of US dollars (world's currency) and the evolutionary degradation which stems from social progression/digression and human nature.

LOL, Russia is doing better because they can't do worse. Russia is now drilling for oil in the Arctic. So that should help their economy...if they are successful this time.

Russia has a 15% flat tax on income. France has a 90% on the high end. I saw that a French billionaire was planning on moving to Russia because of the high French taxes and socialism.......Muslims are overruning France. Putin is not putting up with them... Putin makes sense to me..

Quoting Dakota35:

The common thread is 2 fold. The printing of US dollars (world's currency) and the evolutionary degradation which stems from social progression/digression and human nature.

LOL, Russia is doing better because they can't do worse. Russia is now drilling for oil in the Arctic. So that should help their economy...if they are successful this time.

Russia has a 15% flat tax on income. France has a 90% on the high end. I saw that a French billionaire was planning on moving to Russia because of the high French taxes and socialism.......Muslims are overruning France. Putin is not putting up with them... Putin makes sense to me..

I don't mean to overly attack the disability system. Yes it has problems, but waste, corruption, cronyism, bloated agencies, and just plain stupid decisions are the biggest problem. This is the worst administration I have ever seen.

I don't mean to overly attack the disability system. Yes it has problems, but waste, corruption, cronyism, bloated agencies, and just plain stupid decisions are the biggest problem. This is the worst administration I have ever seen.

That is what is happening all over the nation, people scamming our system. I would guess that 1/2 of the people on disability could work, but why should they?

Quoting Dakota35:

I'll add something from personal experience. I have people come to work for me. They can work and do the job fine. But what I don't realize is that they have applied for disability. As soon as their disability is approved, they quit my job. They make more money working, but just don't want to work. These people don't give me a notice or anything, just don't come back to work. Putting my small company into chaos...until I can find another worker. And I blame the government. Here is a person that can clearly work, that is being approved for lifetime disability. Most of these people haven't even worked enough to pay enough into the system to receive even a years worth. So who pays it. The people that are "busting" their aZZ every day, and paying into the system. The more you work, the more you pay....the more you work, the more the government penalizes you. How's that for encouraging people to work and excel.?

Quoting Dakota35:

I'll add something from personal experience. I have people come to work for me. They can work and do the job fine. But what I don't realize is that they have applied for disability. As soon as their disability is approved, they quit my job. They make more money working, but just don't want to work. These people don't give me a notice or anything, just don't come back to work. Putting my small company into chaos...until I can find another worker. And I blame the government. Here is a person that can clearly work, that is being approved for lifetime disability. Most of these people haven't even worked enough to pay enough into the system to receive even a years worth. So who pays it. The people that are "busting" their aZZ every day, and paying into the system. The more you work, the more you pay....the more you work, the more the government penalizes you. How's that for encouraging people to work and excel.?

That is what is happening all over the nation, people scamming our system. I would guess that 1/2 of the people on disability could work, but why should they?

Bernie Sanders is a brain dead lying socialist communist who doesn't deal with reality. He believes stealing money from hardworking people to give to people who could work, but don't want to work is a good thing..He does nothing to create jobs, just like the rest of the adminstration I will expand on this thought later. Yes, the correct word is stealing.. Get over it.

Barney thinks more taxes will solve the problems.. Please read again my initial post, line by line.. His solution won't do crap.. Less spending, more jobs, fewer money eating regulations, reducing the size of big government, etc. is the answer. There are several agencies that do nothing to help this country, such as education, health, EPA, etc. - that couldn't be done better by the states and usually duplicates the state efforts, and often hinders them. Just ask any teacher if they like the Federal education regulations and requirements. more later

This is what I mean, many don't know enough about these people to tell whether or not they are telling the truth or not, or what they have done in the past, the media puts things out that are deceiving. I wonder why they don't do some of the things Clinton did and wonder if Hillary would. Less spending is always good as long as you have what you need where you really need it. I don't think the children, education, elderly, military or veterans should do without.

Quoting wwww12345:

Bernie Sanders is a brain dead lying socialist communist who doesn't deal with reality. He believes stealing money from hardworking people to give to people who could work, but don't want to work is a good thing..He does nothing to create jobs, just like the rest of the adminstration I will expand on this thought later. Yes, the correct word is stealing.. Get over it.

Barney thinks more taxes will solve the problems.. Please read again my initial post, line by line.. His solution won't do crap.. Less spending, more jobs, fewer money eating regulations, reducing the size of big government, etc. is the answer. There are several agencies that do nothing to help this country, such as education, health, EPA, etc. - that couldn't be done better by the states and usually duplicates the state efforts, and often hinders them. Just ask any teacher if they like the Federal education regulations and requirements. more later

This is what I mean, many don't know enough about these people to tell whether or not they are telling the truth or not, or what they have done in the past, the media puts things out that are deceiving. I wonder why they don't do some of the things Clinton did and wonder if Hillary would. Less spending is always good as long as you have what you need where you really need it. I don't think the children, education, elderly, military or veterans should do without.

Bernie Sanders is a brain dead lying socialist communist who doesn't deal with reality. He believes stealing money from hardworking people to give to people who could work, but don't want to work is a good thing..He does nothing to create jobs, just like the rest of the adminstration I will expand on this thought later. Yes, the correct word is stealing.. Get over it.

Barney thinks more taxes will solve the problems.. Please read again my initial post, line by line.. His solution won't do crap.. Less spending, more jobs, fewer money eating regulations, reducing the size of big government, etc. is the answer. There are several agencies that do nothing to help this country, such as education, health, EPA, etc. - that couldn't be done better by the states and usually duplicates the state efforts, and often hinders them. Just ask any teacher if they like the Federal education regulations and requirements. more later

Bernie Sanders is a brain dead lying socialist communist who doesn't deal with reality. He believes stealing money from hardworking people to give to people who could work, but don't want to work is a good thing..He does nothing to create jobs, just like the rest of the adminstration I will expand on this thought later. Yes, the correct word is stealing.. Get over it.

Barney thinks more taxes will solve the problems.. Please read again my initial post, line by line.. His solution won't do crap.. Less spending, more jobs, fewer money eating regulations, reducing the size of big government, etc. is the answer. There are several agencies that do nothing to help this country, such as education, health, EPA, etc. - that couldn't be done better by the states and usually duplicates the state efforts, and often hinders them. Just ask any teacher if they like the Federal education regulations and requirements. more later

Yes, I am probably a sucker for a good speech. I keep trying; it is a responsibility. I guess that's why the poor with the very simple things in life give up trying to follow things. They hurry and vote things in, look at this health care thing. So what did Bernie Sanders say that you feel is incorrect? What about multi corporations not paying federal taxes? Also, please clarify first you said the wealthy benefit most, then the poor will be looking for someone to blame and they should look in the mirror-so it then seems as though you're saying it's the poor's fault for accepting whatever is free. I am poor and not afraid to admit it; but I work and keep trying-voted the best I could with the options given for what is good for the country-not for what I thought I would get- so no guilt here; but the President won again. I just wonder how Romney thought he would ever win with that hard stance of his against the poor- was that for real? I didn't like his running mate choice either. One thing is for sure, the poor must help themselves. Most of the segment of population I was brought up to believe were middle class were probably actually poor, given that like you say, there are people who have so much money it boggles the mind. Rather than using Medicare and SS as they were intended to be used, they have grown to depend on them entirely for retirement, not a good move now with companies not taking care of people for retirement like they used to. Also, it's true that many consider what is supposed to be temporary help an entitlement; something they are owed. That is the difference between then and now for those who immigrate here. America, in many ways, has become morally frightening. Rap and hip hop are part of it if you ask me, the dummying down of America. We don't grade children in grade school anymore, they either are satisfactory or unsatisfactory in their classes. We are systematically changing everything to be easier but in reality it will make things worse. Incidently, did anyone notice the Obamas using slang and street talk during their campaign, it was never brought up in the media. Those folks shoulda caught that! I think that was so obviously staged. President Obama has done some good things and with all due respect is our President; but how we could go from what Clinton left to this is just unbelieveable.

Yes, I am probably a sucker for a good speech. I keep trying; it is a responsibility. I guess that's why the poor with the very simple things in life give up trying to follow things. They hurry and vote things in, look at this health care thing. So what did Bernie Sanders say that you feel is incorrect? What about multi corporations not paying federal taxes? Also, please clarify first you said the wealthy benefit most, then the poor will be looking for someone to blame and they should look in the mirror-so it then seems as though you're saying it's the poor's fault for accepting whatever is free. I am poor and not afraid to admit it; but I work and keep trying-voted the best I could with the options given for what is good for the country-not for what I thought I would get- so no guilt here; but the President won again. I just wonder how Romney thought he would ever win with that hard stance of his against the poor- was that for real? I didn't like his running mate choice either. One thing is for sure, the poor must help themselves. Most of the segment of population I was brought up to believe were middle class were probably actually poor, given that like you say, there are people who have so much money it boggles the mind. Rather than using Medicare and SS as they were intended to be used, they have grown to depend on them entirely for retirement, not a good move now with companies not taking care of people for retirement like they used to. Also, it's true that many consider what is supposed to be temporary help an entitlement; something they are owed. That is the difference between then and now for those who immigrate here. America, in many ways, has become morally frightening. Rap and hip hop are part of it if you ask me, the dummying down of America. We don't grade children in grade school anymore, they either are satisfactory or unsatisfactory in their classes. We are systematically changing everything to be easier but in reality it will make things worse. Incidently, did anyone notice the Obamas using slang and street talk during their campaign, it was never brought up in the media. Those folks shoulda caught that! I think that was so obviously staged. President Obama has done some good things and with all due respect is our President; but how we could go from what Clinton left to this is just unbelieveable.

I probably won't be very popular on this site for submitting this but here goes anyway, who thinks this is even close to the truth? This is part of an OpEdNews article.

This is from Sen. Bernie Sanders.

As a member of the U.S. Senate Budget Committee, I am more than aware that a $17 trillion dollar national debt and a $700 billion deficit are serious problems that must be addressed.

But I am also aware that real unemployment is close to 14 percent, that tens of millions of Americans are working for horrendously low wages, that more Americans are now living in poverty than ever before and that wealth and income inequality in the United States is now greater than in any other major country -- with the gap between the very rich and everyone else growing wider and wider.

Further, when we talk about the national budget, it is vitally important that we remember how we got into this fiscal crisis in the first place and who was responsible for it. Let us never forget that when Bill Clinton left office in January of 2001, the U.S. had a budget surplus of $236 billion with projected budget surpluses as far as the eye could see. During that time, the non-partisan Congressional Budget Office projected a 10-year budget surplus of $5.6 trillion, enough to erase the entire national debt by the end of 2011.

What happened? How did we, in a few short years, go from a large budget surplus into horrendous debt? The answer is not that complicated. Under President Bush we went to wars in Afghanistan and Iraq -- and didn't pay for them. We just put them on the credit card. The cost of those wars is estimated to be between $4 trillion to $6 trillion. Further, Bush and Congress passed an expensive prescription drug program that was unpaid for. They also reduced revenue by giving huge tax breaks to the wealthy and large corporations. On top of all that, the Wall Street collapse and ensuing recession significantly reduced tax receipts and increased spending for unemployment compensation and food stamps, further exacerbating the deficit situation.

Interestingly, the so-called congressional "deficit hawks" -- Congressman Paul Ryan, Senator Jeff Sessions and other conservative Republicans -- all voted for those measures that increased the deficit. These are the same folks who now want to dismantle virtually every social program designed to protect working families, the elderly, the children, the sick and the poor. In other words, it's okay to spend trillions on a war we should never have waged and large defense budgets, and provide huge tax breaks for billionaires and multi-national corporations. It's just not okay when, in very difficult economic times, we try to protect the most vulnerable people in our country.

Where do we go from here? How do we now draft a federal budget which creates jobs, makes our country more productive, protects working families and lowers the deficit?

For a start, we have to understand that, from both a moral and economic perspective, we cannot impose more austerity on the people of our country who are already suffering. The time is now for the wealthy and multi-national corporations who are doing phenomenally well to help us rebuild America and lower our deficit.

At a time when the richest 1 percent own 38 percent of the financial wealth of America, while the bottom 60 percent own a mere 2.3 percent -- we cannot balance the budget on the backs of people who have virtually nothing. When 95 percent of all new income during 2009 through 2012 went to the top 1 percent, while tens of millions of working Americans saw a decline in their income, we cannot cut programs that these workers depend upon.

Instead of talking about cuts in Social Security, Medicare and Medicaid, we must end the absurdity of one out of four corporations in America not paying a nickel in federal income taxes. At a time when multi-national corporations and the wealthy are avoiding more than $100 billion a year in taxes by stashing money in tax havens like the Cayman Islands and Bermuda, we need to make them pay taxes just like middle-class Americans. The truth of the matter is that according to the most recent information available profitable corporations are only paying 13 percent of their income in federal taxes which is near a 40-year low.

While in January 2013, we successfully ended Bush's tax breaks for the richest 1 percent, the truth is that they continue to exist for the top 2 percent, those households earning between $250,000 and $450,000 a year. That must end.

I probably won't be very popular on this site for submitting this but here goes anyway, who thinks this is even close to the truth? This is part of an OpEdNews article.

This is from Sen. Bernie Sanders.

As a member of the U.S. Senate Budget Committee, I am more than aware that a $17 trillion dollar national debt and a $700 billion deficit are serious problems that must be addressed.

But I am also aware that real unemployment is close to 14 percent, that tens of millions of Americans are working for horrendously low wages, that more Americans are now living in poverty than ever before and that wealth and income inequality in the United States is now greater than in any other major country -- with the gap between the very rich and everyone else growing wider and wider.

Further, when we talk about the national budget, it is vitally important that we remember how we got into this fiscal crisis in the first place and who was responsible for it. Let us never forget that when Bill Clinton left office in January of 2001, the U.S. had a budget surplus of $236 billion with projected budget surpluses as far as the eye could see. During that time, the non-partisan Congressional Budget Office projected a 10-year budget surplus of $5.6 trillion, enough to erase the entire national debt by the end of 2011.

What happened? How did we, in a few short years, go from a large budget surplus into horrendous debt? The answer is not that complicated. Under President Bush we went to wars in Afghanistan and Iraq -- and didn't pay for them. We just put them on the credit card. The cost of those wars is estimated to be between $4 trillion to $6 trillion. Further, Bush and Congress passed an expensive prescription drug program that was unpaid for. They also reduced revenue by giving huge tax breaks to the wealthy and large corporations. On top of all that, the Wall Street collapse and ensuing recession significantly reduced tax receipts and increased spending for unemployment compensation and food stamps, further exacerbating the deficit situation.

Interestingly, the so-called congressional "deficit hawks" -- Congressman Paul Ryan, Senator Jeff Sessions and other conservative Republicans -- all voted for those measures that increased the deficit. These are the same folks who now want to dismantle virtually every social program designed to protect working families, the elderly, the children, the sick and the poor. In other words, it's okay to spend trillions on a war we should never have waged and large defense budgets, and provide huge tax breaks for billionaires and multi-national corporations. It's just not okay when, in very difficult economic times, we try to protect the most vulnerable people in our country.

Where do we go from here? How do we now draft a federal budget which creates jobs, makes our country more productive, protects working families and lowers the deficit?

For a start, we have to understand that, from both a moral and economic perspective, we cannot impose more austerity on the people of our country who are already suffering. The time is now for the wealthy and multi-national corporations who are doing phenomenally well to help us rebuild America and lower our deficit.

At a time when the richest 1 percent own 38 percent of the financial wealth of America, while the bottom 60 percent own a mere 2.3 percent -- we cannot balance the budget on the backs of people who have virtually nothing. When 95 percent of all new income during 2009 through 2012 went to the top 1 percent, while tens of millions of working Americans saw a decline in their income, we cannot cut programs that these workers depend upon.

Instead of talking about cuts in Social Security, Medicare and Medicaid, we must end the absurdity of one out of four corporations in America not paying a nickel in federal income taxes. At a time when multi-national corporations and the wealthy are avoiding more than $100 billion a year in taxes by stashing money in tax havens like the Cayman Islands and Bermuda, we need to make them pay taxes just like middle-class Americans. The truth of the matter is that according to the most recent information available profitable corporations are only paying 13 percent of their income in federal taxes which is near a 40-year low.

While in January 2013, we successfully ended Bush's tax breaks for the richest 1 percent, the truth is that they continue to exist for the top 2 percent, those households earning between $250,000 and $450,000 a year. That must end.